The U.S. stock market is well on its way to better-than-average gains this year, but a quick glance at overseas markets reveals a more sobering story. Global stock markets are having a tough 2018, beset by a barrage of trade and tariff headlines, softer GDP data from economic powerhouses like China and a more expensive

Deere reported weaker-than-expected earnings on Friday as rising costs take a bite out of the tractor company’s bottom line. Deere posted adjusted earnings per share of $2.59 for its fiscal third quarter. Analysts at Reuters expected a profit of $2.75 per share. CEO Samuel Allen said the company “continued to face cost pressures for raw

Here’s a roundup of the most important deals in venture capital in the last week. Alphabet invested $375 million in Oscar Health, a six-year-old health insurance start-up co-founded by Joshua Kushner. The investment comes just a few months after two other subsidiaries of Alphabet — another investment arm, Capital G, and life sciences division Verily

A lower cost of living may be one of the reasons people retire overseas. But you might still want a job – and not just for the money. Working gives people social connection and daily purpose. And trying to feel at home in a foreign country may be easier when you have some regular working

Investors pulled money from both stock and bond funds in the past week, and shifted money within U.S. equities to health care and out of tech and financials. According to Bank of America Merrill Lynch, investors pulled $3.6 billion out of equities mutual funds and ETfs, with $2.6 billion out of U.S. stocks. But as

A special opportunity to do some serious tax-planning awaits many people heading into retirement. This sweet spot is the stretch of time that starts after you’re done with full-time work and before you begin taking required minimum distributions from your 401(k) account or traditional individual retirement account at age 70½. And presumably, you’ll find yourself

Shares of Tesla tumbled 6 percent in early trading Friday after a New York Times feature outlined some serious struggles for CEO Elon Musk. The electric carmaker’s stock is down 10 percent over the last year and has been especially pummeled in the last week. Shares are down more than 12 percent since Musk tweeted

Applied Materials, the world’s largest supplier of equipment used to make chips, forecast current-quarter profit and revenue below Wall Street estimates, adding to fears that a two-year chip boom may be losing steam. Shares of the company, whose results are seen as the bellwether for the chip industry, were down 4 percent at $45.55 in

Telsa board members are concerned about Elon Musk’s use of Ambien and recreational drugs, according to an explosive interview with The New York Times published late Thursday. Musk said in the interview he now needs Ambien to sleep, but board members are concerned that the drug isn’t having the intended effect for Musk, the New

When it comes to the markets, many forecasters are waiting for the big one. And no, it’s the next stock to pop. It’s the downturn that will end the nine-year bull market. The market’s run since the financial crisis is on the brink of reaching a historic mark. Next week, it is poised to cross

The strong GDP economic data for the June quarter is showing up in the real economy. Major U.S. companies including Walmart and Cisco are confirming the positive macro data by posting their best financial results in many years. The reports indicate broad-based strength in the domestic economy. Last month the government said second-quarter GDP grew

Silicon Valley is still finding plenty of reasons, and money, to pour into the cryptocurrency industry. Despite bitcoin slumping by half this year, crypto hedge fund Pantera Capital is well on its way to hitting a $175 million target for its third and largest fund yet. According to a SEC disclosure filed this week, the

Walmart is set to report second-quarter earnings before the bell on Thursday. Here’s what analysts are expecting, based on a survey by Thomson Reuters: * Earnings per share: $1.22* Revenue: $125.97 billion* Same-store sales: an increase of 2.2 percent Walmart has been focused on bulking up its online platform to compete with its biggest rival,

At an internal meeting on Thursday, Google CEO Sundar Pichai expressed interest in continuing to expand the company’s services in China, but told employees that the company was “not close” to launching a search product there and that whether it would — or could — “is all very unclear.” Pichai’s remarks, shared with CNBC by

A CNBC story that came out last week, titled “With this strategy, ‘You can’t avoid becoming a millionaire’,” caused quite the stir among readers. In the article, Michael Taylor, author of personal finance tome “The Financial Rules for New College Graduates,” said that anyone could retire as a millionaire — if they invested just $5

The American consumer is back, and so is Walmart, at least for this quarter. Walmart stock surged more than 10 percent after the company reported fiscal second quarter earnings and sales that beat estimates and the best comparable sales growth in a decade. Sales were boosted by groceries, apparel, seasonal merchandise, and its e-commerce sales

With the stock market nearing all-time highs and the S&P 500 up 5.4 percent year-to-date, some retirement savers are feeling pretty good about their nest eggs. And rightfully so: The number of Fidelity 401(k) plans with a balance of $1 million or more jumped to a record 168,000 in the second quarter, up from 119,000

The “Fast Money” traders shared their first moves for the market open. Brian Kelly was a buyer of the Utilties ETF Karen Finerman was a buyer of Alibaba David Seaburg was a buyer of Macy’s Dan Nathan was a seller of the Semiconductors ETF Trader disclosure: On August 15, 2018 the following stocks and commodities

JD.com, China’s second largest e-commerce firm, reported a 31.2 percent rise in second-quarter revenue on Thursday, falling short of analysts’ estimates after a worse-than-expected sale season. The firm posted revenue of 122.3 billion yuan ($17.73 billion) for the quarter ended June 30, compared with analysts’ estimate of 122.7 billion yuan according to Thomson Reuters I/B/E/S.

Pregnant women may one day be able to find out whether they’re at risk of developing gestational diabetes with a blood test as early as 10 weeks into their pregnancies, research suggests. Some women become sensitive to insulin during their pregnancies and develop gestational diabetes. The condition causes women’s blood sugar levels to spike and

There’s another reason Tesla‘s faithful investors might want to scrutinize CEO Elon Musk‘s public musings on taking the company private: Shareholders would likely face a tax bill. Musk’s surprise announcement last week — which is under review for possible violations of securities laws, according to various published reports — included his hope to let shareholders

The Turkish lira may be set for even more pain despite attempts by the country’s banking regulator to curb investors’ ability to buy and short the national currency. Quick political fixes tend to provide short-term rallies to foreign exchange markets, but frequently lead to a resurgence in volatility in a matter of days, according to

The person holding the winning $245.6 million Powerball ticket is likely discovering that New York isn’t the best place to hit the jackpot. Not only will the ticket holder face state and city lottery taxes that are among the highest in the nation, remaining anonymous might be impossible. While a trust can be created to

Check out the companies making headlines after the bell on Wednesday: Cisco surged more than 6 percent in after-hours trading after the company reported quarterly revenue and earnings that beat Wall Street expectations. Total revenue for the company rose to $12.84 billion, up 6 percent year over year, thanks to a surge in income in

Home Depot on Tuesday reported second-quarter earnings and sales that far surpassed expectations, reaping the benefits of a warmer start to the summer. The home improvement retailer, which had a rocky spring season, also raised its outlook for revenue and same-store sales for the full year, saying the number of customer transactions jumped during the

Cisco stock rose more than 6 percent on Wednesday after the company reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on July 28. Here’s how the company performed: Earnings: 70 cents per share, excluding certain items, vs. 69 cents per share as expected by analysts, according to Thomson Reuters.

Patience is a virtue. Or is it? Few people who claim their Social Security early regret their choice, despite being aware of the financial benefits of waiting, according to a new report in the Journal of Aging Studies. “This doesn’t mean they thought it was the healthiest decision financially,” said Lila Rabinovich, a co-author of

The company you work for may let you purchase company stock at a discounted price. The formal name for this is an “employee stock purchase plan,” or ESPP. And if used correctly, these stock purchases can boost your bottom line, according to Sophia Bera, founder of Gen Y Planning. Here’s how it works. Your company

Investors could call them chips passing in the night. While semiconductor stock AMD soars this year, jumping more than 60 percent in just three months, its peer Micron is badly underperforming. Micron shares are down around 4 percent in that period, placing the stock on track for its first negative quarter in more than two

We hear it all the time: To get ahead at work, you need to find a mentor. But doing so can be easier said than done. Just who are you supposed to call on and what are you supposed to ask? One person who has relied heavily on mentors to steer her career is 36-year-old